Manoj Rammohan in New Delhi
Whether it is the fallout of Niira Radia's lobbying prowess, or billionaires Mukesh and Anil Ambani calling a truce, or Vikram Akula pushing microfinance into the limelight, every happening blazed new trails for corporate India.
Not just them, many other well-known names, including industrialist Ratan Tata, telecom czar Sunil Mittal, IT stalwarts Narayana Murthy and Azim Premji, regulators D Subbarao and C B Bhave and Citigroup head honcho Vikram Pandit, grabbed attention for diverse reasons.
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2010: A year of tiffs, truces and tantalising corporate tales
Image: Niira Radia.The leaks, coupled with the CAG's critical report on 2G spectrum allocation, is now haunting many well-known and little-known people and organisations.
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2010: A year of tiffs, truces and tantalising corporate tales
Image: Anil and Mukesh Ambani.2010: A year of tiffs, truces and tantalising corporate tales
Image: Ratan Tata.Narayana Murthy also came into limelight after Infosys kicked off the succession plan process for the software exporter's chief mentor.
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2010: A year of tiffs, truces and tantalising corporate tales
Image: Bharti Airtel chairman Sunil Mittal.Photographs: Reuters.
Bharti Airtel snapped up the Africa operations of Kuwait-based Zain in a $10.7 billion deal this year, expanding the firm's presence in fast growing markets.
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2010: A year of tiffs, truces and tantalising corporate tales
Image: Vikram Akula.After the corporate governance issue, when its CEO Suresh Gurmani was suddenly sacked in October, high interest rates and Andhra Pradesh government's move to regulate microfinance sector added to the woes of Akula.
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2010: A year of tiffs, truces and tantalising corporate tales
Image: Azim Premji.Photographs: Courtesy: Wesleyan University.
Continuing his philanthropic activities, Azim Premji transferred Wipro shares worth about $2 billion to fund various education programmes.
Furthermore, regulatory tussles and concerns about autonomy saw the country's two high-profile regulatory chiefs -- Reserve Bank of India Governor Subbarao and market regulator SEBI chief Bhave -- cornering headlines.
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2010: A year of tiffs, truces and tantalising corporate tales
Image: Citigroup chief Vikram Pandit.
2010: A year of tiffs, truces and tantalising corporate tales
Image: US Federal Reserve Chairman Ben Bernanke.Photographs: Reuters.
When it comes to the global economy and business in 2010, names such as former BP chief Tony Hayward, US Federal Reserve Chairman Ben Bernanke and former Hewlett-Packard chief Mark Hurd cannot be missed.
A devastating Mexican Gulf oil spill in April that battered British energy giant BP also cost Hayward his position. He was largely blamed for the disaster.
2010: A year of tiffs, truces and tantalising corporate tales
Image: Mark Hurd.Battling a sluggish American economy, Bernanke has been aggressively pursuing a loose monetary approach and huge stimulus measures.
These moves have attracted international criticism, as many feel such actions devalue the US dollar, which in turn could increase global trade imbalances. As 2010 comes to a close, these and many other newsmakers offer food for thought in the New Year.
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